A new report from Elliptic has found that unregistered securities offerings account for more than half of all crypto-related fines handed out by U.S. regulators.
According to a report from blockchain analytics firm Elliptic, unregistered securities offerings represent more than half of all crypto fines handed out by U.S. regulators. In Elliptic’s June 21 Sanctions Compliance in Cryptocurrencies report, the firm’s co-founder and Chief Scientist, Dr. Tom Robinson writes that U.S. regulators have handed out $2.5 billion in fines for crypto-related violations since 2014. Out of the total $2.5 billion, unregistered securities offerings accounted for $1.38 billion worth of penalties, or 55.19% of all fines dished out. Fraud was the second biggest crypto violation found in the report, accounting for 37.12% or $928 worth of penalties. The largest crypto violation on record was the SEC’s 2020 verdict on Telegram’s initial coi

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Źródło: https://cointelegraph.com/news/with-regulators-handing-out-2-5b-in-fines-since-2014-crypto-is-not-the-wild-west-of-finance